Karnataka Bank Ltd is India’s twelfth largest private sector bank. It was founded on 18th February 1924. It is an ‘A’ Class Scheduled Commercial Bank based in Mangaluru in Karnataka, India. This Bank NEFT/RTGS Form facilitates its customer to apply for RTGS/NEFT service offline by submitting this form to its branch.
NEFT stands for ‘National Electronic Funds Transfer’. It is an electronic mode of payment that allows a person to transfer payment between banks or persons. In this mode of payment, the amount is settled in batches.
RTGS stands for ‘Real-time Gross Settlement’. The RTGS Service is a Real-time Fund Transfer Service in which all the transactions are processed continuously throughout the working hours of RTGS. The RTGS facility is primarily meant for a large number of transactions. The minimum amount you can transfer through RTGS is Rs. 2 Lakhs with No Upper Maximum Limit.
NEFT/RTGS facility is usually preferred by customers to transfer funds online with access to internet/mobile banking facility. But, if you don’t have the access to this facility online, then you can also request offline transaction service by filling and submitting Karnataka Bank NEFT/RTGS form to the nearest bank branch.
Karnataka Bank NEFT/RTGS Form PDF
- Article Name: Karnataka Bank RTGS Form & NEFT Form PDF
- Department: Banking and Finance
- Beneficiary: Bank’s Customers
- Language: English
- Pages Count: 2 (Two)
- Official Website: https://karnatakabank.com/
- PDF Form Download: Karnataka Bank NEFT/RTGS Form PDF Download
Steps To Fill Karnataka Bank NEFT/RTGS Form – Offline
Once you have downloaded the Karnataka Bank NEFT/RTGS Form, you have to fill all the sections mentioned in the form correctly before submitting it to the concerned branch. To fill the form without facing any difficulty, you have to follow given below steps:-
- As you download the form, first fill date, branch name, now you will see there are two sections in the Karnataka Bank NEFT/RTGS Form. The first section i.e. on the left side is Customer’s Counterfoil (for the customer -as acknowledgment slip) And the second section i.e. on the right side is for Remitter/Applicant & Beneficiary Details.
- Firstly in the remitter/applicant detail column, fill in the Account no., Name, Amount (in figures & words), Charges & Total Amount (in figures & words), Email/Mobile No., Cheque No. & Date.
- Then for the beneficiary detail column, fill in details like Bank, Branch, IFSC Code, Account No. & Name.
- Now for the counterfoil section i.e. to the left side of the form (As shown in the image below), fill in details as required for remitter, beneficiary & payments, same as you have filled on the right side of the form. It is an acknowledgment slip signed by the bank with UTR No. For the customer to keep for future reference in regards to RTGS/NEFT transaction being processed.
- Once the form is fully filled, Check it carefully, Sign and submit the same to the concerned branch authority.
Karnataka Bank NEFT Form Filling Process
The “For Office Use” Section on both sides is for the bank to use. Here they will mention transaction id & other details (As shown in the image below). You can use this ID for future Ref.
Karnataka Bank Offline NEFT/RTGS Service Charges
Charges For NEFT Service:
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| up to Rs. 10,000 | Rs. 02.50 + GST Charges |
| Above Rs. 10,000 & Up to Rs. 1 Lakh | Rs. 05.00 + GST Charges |
| Above Rs. 1 Lakh and below Rs. 2 Lakhs | Rs. 15.00 + GST Charges |
| Above Rs. 2 Lakhs | Rs. 25.00 + GST Charges |
Charges For RTGS Service:
| Transaction Amount (Rs.) | Per Transaction Charges (Rs.) |
| From Rs. 2 Lakhs to Rs. 5 Lakhs | Rs. 25.00 + GST Charges |
| Above Rs. 5 Lakhs | Rs. 50.00 + GST Charges |
Note:- RTGS/NEFT both are electronic mode to transfer money easily and quickly, safely from one person/account to another person/account. For offline NEFT/RTGS service you have to fill the application form. Make sure to fill the right a/c no. & other details in the form to process the transaction. You can download the Karnataka Bank NEFT/RTGS Form PDF online from bank’s website or just tap on the direct link given below.